CAI 0.00% 11.5¢ calidus resources limited

Ann: Maiden Reserve at Bulletin to drive step-change, page-160

  1. 33,944 Posts.
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    "Infrastructure to deal with this costs 100s of millions and only then, can you make money. All else costs a fortune and will fail as it always has"

    That is another absolute statement from you , I actually like a devils advocate on the forum as I may learn something but you need to back up your statements with facts to be credible
    Some refractory ore can be processed with the Glencore type ISA fine grind mills , at relatively low CAPEX , admittedly the OPEX is higher with the higher BWI , from fine grinding to liberate the gold.
    There are possibly other new methods apart from smelting ,POX to recover gold in refractory ore
    I would say better to do met tests on the supposed refractory ore with various methods of processing , before assuming it is not worth recovering .
    This is just an academic issue for me as only have 12000 shares , but for others who have significant hard earned invested here , I feel it is cavalier for posters to post absolute assumptions without facts on either in the affirmative or the negative
    Last edited by plough: 08/03/24
 
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